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• EPA is moving closer to making a finding <br />that carbon dioxide and other green <br />house gases endanger the public health <br />and welfare ~'~ <br />• "We think acap-and-trade System is a <br />thinly veiled tax and we have concerns <br />around auctions. One of those concerns <br />is that prices may be volatile " j2~ <br />Ewa. ~. var. w~... aM <br />.w. w.,~„ ..•.<c,,,.., o~~, <br />• C02 mitigation "' <br />• $10/ton of COzequals $lo/Mwh for coal <br />• $10/ton of COZequals $7/Mwh for gas <br />• Nationwide carbon average <br />• 1,2001bs/Mwh <br />• $10/ton of C02 equals $6/Mwh on average <br />=p -- - <br />a <br />~~ <br />~ .. , <br />~° <br />~, - - - <br />The U.S. caisumes 22 ro 23 Tct per year ... <br />4 <br />